Personally I ignore all depth volume more than 5% away from the last traded price = Traded volumes and VWAP give you the real picture IMO = 200k traded today at $1.55 VWAP - Stock was oversold and below the bottom RSI line so a bounce was to be expected. The trend is still down and to early to call a bottom just yet.
Stacked buy side could be loan stock to pay employees or contractors or it could be someone else : )
CDU Price at posting:
$1.57 Sentiment: None Disclosure: Not Held
